Arweave - #AR Another Falling wedge structure

Arweave is coming into a minor resistance level

But it is a good example of a falling where the price action gets cornered into the end of the wedge

before breaking out to the upside

I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.

Trade attivo:

Arweave is Flying!

Trade chiuso: obiettivo raggiunto:

Target Hit
will it retrace ?
will it pause?

Commento:

Measured move, of the falling wedge. Was in the $9.50-60 area. Hit $9.30

I calculated the measured move , by taking the low from 30th of Dec 2022 - to the high on 17th of Feb 2023

and adding that distance to the breakout point _ log chart.

Trade attivo:

we could be forming a massive inv head and shoulder.
Right shouldering from the recent local high
backing and filling going on

neckline ~ $9.30

linear price target north of $15

Trade attivo:

Patience pays.

Commento:

Imagine Buying and hodling this idea

5X already in the bag